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20121229
20121229
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who are very upset with the cuts that would hit the pentagon. it may be difficult to rally republican votes of the cannot turn off the sequester. on the democratic side, the estate tax could be a problem. the republicans are insistent that the estate tax stay at current levels, which is exempting the state of $55 million at a relatively late 35% above that level. many democrats would like to see -- in january it is expected to come -- taxes are expected to go up dramatically. as small as $1 million would be taxed. most democrats want to see something in the metal. they are adamant that we cannot exempt states as large as $5 million. that could be another sticking point. >> do we expect anything going on today? if not, what is the earliest of the senators will come back in for session tomorrow? caller: i think the senate is due back in at 1:00. the house is due at 6:30. the house is the big question mark here. it is very difficult to imagine what could pass the house. as for today, that is an excellent question. the senate is not in here the house is not an. my understanding as we are
with the cuts that would hit the pentagon. it may be difficult to rally republican votes if they cannot turn off the sequester. and the democratic side, the estate tax could be a problem. republicans are insisting that the estate tax stay at current .evels, which is exemp many democrats would like to see -- in january, it is scheduled to go up automaticalldramatically. most democrats want to see something in the middle. they are adamant that we cannot exempt states as large as $5 million. >> lori montgomery, do we expect anything going on today, and if not, when is the earliest the senators will come back and recession tomorrow? >> the senate is due back in at 1:00. the house is due in at 6:30. the house is the big question mark here. as for today, it is an excellent question. the senate is not in. the house is not in. my understanding is we're going to have basically everyone working quietly to see if we can reach an agreement co. i will be interesting to see if they give us any information today. >> lori montgomery of the "washington post." find her articles at wp.com. >> both chambers of cong
Search Results 0 to 1 of about 2